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The Case for and Against General Motors Company (GM)

15 Novembre 2017

LS Investment Advisors LLC now owns 833,458 shares of the auto manufacturer's stock valued at $10,477,000 after buying an additional 11,317 shares during the last quarter. Balentine LLC increased its holdings in shares of Ford Motor by 2.6% in the 1st quarter. Shell Asset Management Co. now owns 427,495 shares of the auto manufacturer's stock valued at $5,374,000 after buying an additional 89,717 shares during the last quarter. Texas Permanent School Fund raised its stake in shares of Standard Motor Products by 0.8% in the second quarter. Anchor Capital Advisors LLC's holdings in Ford Motor were worth $11,178,000 at the end of the most recent reporting period. BB&T Securities LLC now owns 2,996,916 shares of the auto manufacturer's stock worth $34,883,000 after purchasing an additional 30,102 shares during the period. Finally, Victory Capital Management Inc. boosted its holdings in shares of Standard Motor Products by 17.7% during the 2nd quarter. Insiders have sold a total of 137,076 shares of company stock valued at $1,599,180 in the last 90 days. Ford Motor has a 1-year low of $10.47 and a 1-year high of $13.27. Currently, General Motors Company (NYSE:GM) has an average volume of 12.91 Million.

The company is down by 1.19% since yesterday's close of 12.16. The company's P/E ratio is 9.29 and the market cap of the company is 61.03B. The company's revenue for the quarter was up.9% on a year-over-year basis. equities research analysts predict that Ford Motor Company will post 1.81 EPS for the current fiscal year. The auto manufacturer reported $0.43 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.33 by $0.10. Standard Motor Products had a return on equity of 13.68% and a net margin of 4.97%. Standard Motor Products's revenue for the quarter was down 6.5% on a year-over-year basis. Ward now forecasts that the auto manufacturer will earn $1.85 per share for the year, up from their prior estimate of $1.70. The correct version of this story can be accessed at https://weekherald.com/2017/11/14/ford-motor-company-expected-to-post-fy2017-earnings-of-1-85-per-share-f.html.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Monday, October 23rd will be issued a dividend of $0.15 per share. The ex-dividend date is Tuesday, November 14th. This represents a $0.60 annualized dividend and a dividend yield of 4.93%. Standard Motor Products's payout ratio is 29.23%.

U.S. inflation expectations edge up: New York Fed survey
He argued that a spike in demand could push the economy beyond its sustainable capacity, as the economy is nearing full employment.

Several analysts have recently weighed in on the company. Jefferies Group LLC reissued a "buy" rating and issued a $60.00 target price on shares of Standard Motor Products in a research report on Wednesday, August 9th.

On October 16 analysts at Piper Jaffray Companies updated coverage of F with a rating of "Buy" and price target of $14.00. Nomura downgraded Ford Motor to a "hold" rating in a research report on Saturday, August 5th. Three analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seven have issued a buy rating to the company's stock. Ford Motor has a consensus rating of "Hold" and an average price target of $13.63. The shares were sold at an average price of $13.25, for a total transaction of $231,861.75. Following the completion of the transaction, the insider now owns 76,358 shares of the company's stock, valued at approximately $878,117. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The stock was sold at an average price of $12.44, for a total transaction of $152,738.32. The disclosure for this sale can be found here.

Standard Motor Products, Inc is an independent manufacturer and distributor of replacement parts for motor vehicles in the automotive aftermarket industry with a complementary focus on heavy duty, industrial equipment and the original equipment service market. The Company's business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles.